NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Introduction to "The Economics of Food Price Volatility"

Jean-Paul Chavas, David Hummels, Brian Wright


This chapter is a preliminary draft unless otherwise noted. It may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.

Chapter in forthcoming NBER book The Economics of Food Price Volatility, Jean-Paul Chavas, David Hummels, and Brian Wright
Conference held August 15-16, 2012
Forthcoming from University of Chicago Press

The introduction opens with a brief history of food price volatility and then summarizes the nine chapters that investigate the economics of food price volatility along five directions of inquiry. First, they document the recent and historical patterns in food price volatility, including the evolving food supply and demand conditions. Second, they study how food price volatility relates to linkages between food markets and energy markets, with special attention given to the role of biofuel policy. Third, they assess the impact of storage and speculation on food price volatility. Fourth, they examine the role of international markets, with a focus on the role of trade policy. Finally, they evaluate the distributional and welfare effects of food price volatility and their effects on the poor around the world.

download in pdf format
   (157 K)

email paper

This paper is available as PDF (157 K) or via email.

This paper was revised on July 18, 2013

Acknowledgments and Disclosures

Machine-readable bibliographic record - MARC, RIS, BibTeX

Users who downloaded this chapter also downloaded these:
Gouel Food Price Volatility and Domestic Stabilization Policies in Developing Countries
Anderson, Ivanic, and Martin Food Price Spikes, Price Insulation and Poverty
Abbott Biofuels, Binding Constraints and Agricultural Commodity Price Volatility
Enders and Holt The Evolving Relationships between Agricultural and Energy Commodity Prices: A Shifting-Mean Vector Autoregressive Analysis
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us